China's textile and apparel exports totaled 28.242 billion U.S. dollars
Ministry of Industry and Information Technology on April 2 released statistics show that from January to February 2010, China's textile enterprises above designated size accumulated industrial output value of 567.3 billion yuan, up 27% growth over the same period in 2009 increased 24.4 percentage points.
Industry insiders pointed out that China's steady rise of the textile industry continues the trend of textile orders increased significantly, a general increase capacity utilization, continued to show a positive situation for the better. However, the data and positive signals gorgeous behind, textile and garment industry still faces a series of difficulties and uncertainties.
"Export orders in 2010 had no break, the factory has been at full capacity the past two days has signed orders for several millions of dollars, compared to the situation in 2009, significantly better." To Beijing to attend the 2010 China International Apparel Fabrics and Accessories (Spring) Fair Shaoxing Run Shao Qiang, general manager of public textile company said. But Shao Qiang, also said that raw material prices rose about 25%, profit thinner, and only small profits.
Participating in the three major textile and apparel industry in 2010 show the first two days, constant force German crown Shaoxing Textile Group company signed a seven million U.S. dollars of orders, during the signing event total more than 10 million U.S. dollars, but the general manager of Pan Xiaoguo conversation with the author or showing something to worry about. "50% of our products rely on exports, but customers increasingly trickier and one meter of fabric in one or two cents more a half-day difference that they will." Panxiao Guo said the company's profit margin is only 3% -5%, raw materials , labor and other costs are increasing, "business is really getting harder and harder."
Data show that the current domestic price of cotton is about 328 16,000 yuan per ton, compared with the 2008 average price rose about 25%, international cotton prices rise by more than 35%. Chemical fiber raw material costs are generally reflected in 25% of the cost of textile and garment enterprises, the pressure is evident. However, in many unfavorable factors, the most for Pan Xiaoguo worried or RMB exchange rate issue. "In our example, during the exhibition's 10 million U.S. dollars signed orders are delivered in a few months, if the 1% appreciation of the renminbi during the period, our profit is reduced by 1%, which is unbearable for many businesses . "
Customs statistics show that 1-China's textile and garment exports in February amounted to 28.242 billion U.S. dollars, up 28.98 percent, 43.45 percent year on year growth. But the China Textile Industry Association vice president of Shu-chun, said recently, the industry's average profit is only 4%, if the yuan appreciation once again, the whole industry possible large-scale bankruptcy.
Pick up by the overall economic impact of coastal areas in many textile and garment enterprises are facing a more serious "shortage of workers." With the orders, companies can only raise wages, lower educational level, age and other restrictions to protect the production, some companies wages are up about 30%. At the same time, textile and garment exports continue to face major target market for the high unemployment rate, the debt crisis, deflation and other issues, market demand has not significantly improved. The major developed economies such as high unemployment forced to pressure the trend of trade protectionism are gaining ground, which is China's textile and garment export challenges.
"So we have confidence, we must fully and correctly judge the situation, can not rise to the positive trend is equivalent to a fundamental improvement." China Textile Industry Association Du Chau At the recent expansion of China Textile Industry Association, said at the meeting "We want to enhance the sense of making full use of favorable factors in adjustment and active efforts to resolve conflicts, deal with a more thorough job in preparing a variety of risks and challenges."
Industry insiders pointed out that China's steady rise of the textile industry continues the trend of textile orders increased significantly, a general increase capacity utilization, continued to show a positive situation for the better. However, the data and positive signals gorgeous behind, textile and garment industry still faces a series of difficulties and uncertainties.
"Export orders in 2010 had no break, the factory has been at full capacity the past two days has signed orders for several millions of dollars, compared to the situation in 2009, significantly better." To Beijing to attend the 2010 China International Apparel Fabrics and Accessories (Spring) Fair Shaoxing Run Shao Qiang, general manager of public textile company said. But Shao Qiang, also said that raw material prices rose about 25%, profit thinner, and only small profits.
Participating in the three major textile and apparel industry in 2010 show the first two days, constant force German crown Shaoxing Textile Group company signed a seven million U.S. dollars of orders, during the signing event total more than 10 million U.S. dollars, but the general manager of Pan Xiaoguo conversation with the author or showing something to worry about. "50% of our products rely on exports, but customers increasingly trickier and one meter of fabric in one or two cents more a half-day difference that they will." Panxiao Guo said the company's profit margin is only 3% -5%, raw materials , labor and other costs are increasing, "business is really getting harder and harder."
Data show that the current domestic price of cotton is about 328 16,000 yuan per ton, compared with the 2008 average price rose about 25%, international cotton prices rise by more than 35%. Chemical fiber raw material costs are generally reflected in 25% of the cost of textile and garment enterprises, the pressure is evident. However, in many unfavorable factors, the most for Pan Xiaoguo worried or RMB exchange rate issue. "In our example, during the exhibition's 10 million U.S. dollars signed orders are delivered in a few months, if the 1% appreciation of the renminbi during the period, our profit is reduced by 1%, which is unbearable for many businesses . "
Customs statistics show that 1-China's textile and garment exports in February amounted to 28.242 billion U.S. dollars, up 28.98 percent, 43.45 percent year on year growth. But the China Textile Industry Association vice president of Shu-chun, said recently, the industry's average profit is only 4%, if the yuan appreciation once again, the whole industry possible large-scale bankruptcy.
Pick up by the overall economic impact of coastal areas in many textile and garment enterprises are facing a more serious "shortage of workers." With the orders, companies can only raise wages, lower educational level, age and other restrictions to protect the production, some companies wages are up about 30%. At the same time, textile and garment exports continue to face major target market for the high unemployment rate, the debt crisis, deflation and other issues, market demand has not significantly improved. The major developed economies such as high unemployment forced to pressure the trend of trade protectionism are gaining ground, which is China's textile and garment export challenges.
"So we have confidence, we must fully and correctly judge the situation, can not rise to the positive trend is equivalent to a fundamental improvement." China Textile Industry Association Du Chau At the recent expansion of China Textile Industry Association, said at the meeting "We want to enhance the sense of making full use of favorable factors in adjustment and active efforts to resolve conflicts, deal with a more thorough job in preparing a variety of risks and challenges."
Author: mumu
